April 2025

Its target scenario sees output of 540 million tons at the end of this decade and also by midcentury, a document published Monday showed. That’s equivalent to about 10.84 million barrels a day and is only marginally above volumes in 2023, the baseline for the paper. Shipments abroad are also expected to hold steady.

Участники форума обсудили ключевые вопросы двустороннего сотрудничества в области торговли и инвестиций, промышленности, сельского хозяйства, энергетики, транспорта, туризма и креативных индустрий. Форум был организован фондом «Росконгресс» совместно с Торгово-промышленной палатой Индонезии.

The global oil demand growth forecast for 2025 is revised down slightly to 1.3 mb/d, y-o-y. This minor adjustment is mainly due to received data for 1Q25 and the expected impact on oil demand given recently announced US tariffs.

The French state partly owns Engie, which used to be among the biggest buyers of Gazprom's gas. Holleaux said Russia could supply around 20-25% of EU needs, down from 40% before the war.

Current Russia-India bilateral trade is running at US$66 billion with a target to increase this to US$100 billion by 2030.

Japan will continue participating in Russian liquefied natural gas (LNG) projects on Sakhalin Island due to their strategic importance for the country’s energy security,

Hindustan Petroleum Corp. Ltd. is building an 80,000 mt underground LPG rock cavern in Mangalore, which is expected to be operational by mid-2025, company and government officials said.

The Trump administration has argued coal is a vital part of the mix to ensure sufficient energy supply to meet booming demand for AI data centers. The carve-out, which begins in July 2027, lasts until July 2029, according to the proclamation.

Japan, South Korea and Taiwan have all said they are considering investments in a long-delayed $44 billion LNG export project in Alaska backed by Trump.

Despite a strong start to the solar season in Europe, and record amounts of cheap new renewable capacity in Germany since the energy crisis, it’s natural gas that will increasingly decide how much households and factories in Europe’s biggest economy pay for electricity.